Reinsmidt Kathryn A. 4

What Happened

• Kathryn A. Reinsmidt, Chief Operating Officer of CBL & Associates Properties (CBL), had a total of 2,661 shares withheld/sold to satisfy tax withholding related to recently vested restricted stock awards. The withholding disposed of 1,146 shares at $35.59 ($40,786) and 1,515 shares at $36.13 ($54,729), for combined proceeds of about $95,515.
• These were withholding/disposition transactions (code F) tied to vesting, not open-market purchases or independent sales.

Key Details

• Transaction dates: reported Period of Report 2026-02-17; filing dated 2026-02-18.
• Prices and amounts: 1,146 shares @ $35.59 = $40,786; 1,515 shares @ $36.13 = $54,729; total 2,661 shares, ~$95,515.
• Footnote: Issuer calculated withholding using average NYSE prices on vesting dates—$35.59 (for Feb 12 vesting) and ~$36.125 (for Feb 15/Feb 13 pricing) as described in the filing.
• Shares owned after transaction: not provided in the supplied excerpt of the filing.
• Timeliness: filing appears timely (reporting period 2/17/2026; filed 2/18/2026).
• Transaction code meaning: F = tax withholding (shares withheld or disposed to satisfy tax liability on vesting).

Context

• This is a routine tax-withholding event following RSU vesting (a common administrative disposition). Such transactions reflect tax obligations on awards and are not the same as an open-market sale that signals an insider changing their investment view.
• Retail investors should treat these as administrative actions rather than a clear buy/sell signal.